Global Industrial V-Belts Market 2017-2021




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About Industrial V-Belts

Industrial V-belts are the basic belts for power transmission that is applied in light-weight to heavy-weight industrial applications. They are used as a source to provide power transmission efficiently. Industrial V-belts provide more friction and power and are installed in all end-user orientations for efficient machinery functions. Industrial V-belts are an integral part of power transmission systems as they are the basic belts that provide movement, speed, service life, and load bearings. V-belts are shaped like trapezoidal rough belts with the need to stop providing belt slip offs. V-belts are friction-based power transmitters that transmit power from one pulley to the other using the friction between them. Industrial V-belts are widely used in drive applications, such as machine tools, textile machines, continuous paper machines, high-power mills, stone crushers, etc.

Technavios analysts forecast the global industrial v-belts market to grow at a CAGR of 4.45% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial v-belts market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

Technavio's report, Global Industrial V-Belts Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Other prominent vendors
Flexer Rubber
Mitsuboshi Belting
Yuelong Rubber and Plastic
Zhejiang Powerbelt
Zhejiang Sanwei Rubber Item

Market driver
Growing retrofit activities in industrial machinery
For a full, detailed list, view our report

Market challenge
Slump in the growth of industrial belt drives in major economies
For a full, detailed list, view our report

Market trend
Growing number of M&A
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by end-users
Market overview
Global industrial V-belts market by material handling sector
Global industrial V-belts market by other sectors
Global industrial V-belts market by industrial machinery sector
Global industrial V-belts market by agricultural sector
Global industrial V-belts market by mining sector
PART 07: Geographical segmentation
Market overview
Industrial V-belts market in EMEA
Industrial V-belts market in APAC
Industrial V-belts market in the Americas
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Impact of drivers on key customer segments
Market challenges
Impact of challenges on key customer segments
PART 10: Market trends
Modernization of agriculture and farm equipment in emerging economies
Growing number of M&A
Improvements in industrial V-belts
PART 11: Vendor landscape
Competitive scenario
Prominent vendors
Other prominent vendors
PART 12: Key vendor analysis
PART 13: Appendix
List of abbreviations
List of Exhibits
Exhibit 01: Market landscape
Exhibit 02: Market size and forecast of the global industrial V-belts market ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: End-user segmentation
Exhibit 05: Market segmentation based on end-users 2016 and 2021 (%)
Exhibit 06: Market size and forecast by the material handling sector 2016-2021 ($ billions)
Exhibit 07: Market size and forecast by other sectors 2016-2021 ($ billions)
Exhibit 08: Market size and forecast by the industrial machinery sector 2016-2021 ($ billions)
Exhibit 09: Market size and forecast by the agricultural sector 2016-2021 ($ billions)
Exhibit 10: Market size and forecast by the mining sector 2016-2021 ($ billions)
Exhibit 11: Geographical segmentation 2016 and 2021 (%)
Exhibit 12: Market size and forecast for EMEA 2016-2021 ($ billions)
Exhibit 13: Market size and forecast for APAC 2016-2021 ($ billions)
Exhibit 14: Market size and forecast for the Americas 2016-2021 ($ billions)
Exhibit 15: Impact of drivers
Exhibit 16: Impact of challenges
Exhibit 17: Recent M&A in the variable speed belts market
Exhibit 18: Prominent vendors
Exhibit 19: Other prominent vendors
Exhibit 20: ContiTech: Product segments
Exhibit 21: ContiTech: V-belts product portfolio
Exhibit 22: ContiTech: Key highlights
Exhibit 23: Gates: Product segments
Exhibit 24: Gates: V-belts product portfolio
Exhibit 25: Gates: Key highlights
Exhibit 26: Optibelt: Product segments
Exhibit 27: Optibelt: V-belts product portfolio
Exhibit 28: Optibelt: Key highlights
Exhibit 29: SKF: Product segments
Exhibit 30: SKF: V-belt product portfolio
Exhibit 31: SKF: Key highlights